Accenture acquires Procurian in $375 million deal

Accenture on Thursday acquired the outsourced procurement services provider Procurian in a $375 million deal that looks set to shake up the business process outsourcing (BPO) market for procurement. Procurian provides procurement technology and consulting services (including transportation and logistics) to a range of verticals, and is seen by most analysts as the top outsourced provider in its class. The deal could well benefit Accenture in a couple different ways, despite the hefty price tag. First, according to analysts, Accenture gains Procurian’s expertise and technology, providing it a deeper, more compelling offering while also widening the base of potential Procurian customers. Just as significantl...